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The Victoria, 88 Victoria Road, Swindon, Wiltshire SN1 3BD

£210,000

Business rates & charges may apply

Sprosen Ltd, Weston-Super-Mare
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SECTOR

Pub for sale

Key features

  • Probably the best music bar in Wiltshire
  • All wet sales turnover over £650,000 per annum with exceptional profits
  • Main bar with capacity of 150 and venue/performance space with capacity of 200
  • Three-bedroom private quarters
  • Secure lease that is free of tie for Wines, Spirits and Minerals
  • Premises Licence until 3 am
  • Central trading position

Description

LOCATION

Swindon is a densely populated town in Wiltshire situated around 40 miles east of Bristol and 40 miles west of Reading.

The town benefits from excellent transport links with the main line railway station providing regular services between Bristol and London Paddington.

The Victoria is situated in a densely populated part of the town surrounded by many other bars, restaurants, shops and offices and a stone's throw from the BBC Wiltshire headquarters.

THE BUSINESS PREMISES

Entrance Vestibule
With half panelled walls, intruder alarm console.

Leads to:

Main Bar
(8.6 m x 8.3 m)
With a total capacity of 150.

Well presented with varnished floor, good décor and a plethora of wall mounted music related images.

There is a mixture of fixed seating, bar chairs and stools together with a Chesterfield sofa. The air-conditioned space includes quality music speakers, wall mounted screens for gig advertising.

Bar Servery
Well presented with panelled front, marble effect top.

Behind the bar there are two back bar fridges, touch screen till, ice machine, sink unit etc.

The Venue
(12.1 m x 7.5 m)
This is the dedicated performance area with a capacity of 200.

With part wooden varnish, part stone flooring, air-conditioning and industrial gantry housing professional stage lighting.

To the rear of the room is the music engineer's booth, furnished with a range of quality sound equipment.

Included in this space is a:

Stage Area

Bar Servery
With stainless steel front, two back bar fridges, touch screen till, glass washer and other equipment.

Fire Escape
Leading outside.

Cellar
There are four cellar rooms, one being a secure bottle store with ice machine.

Ladies and Gents WCs

Store Room
Which doubles as a band access point.

A stairway from behind the main bar takes you to the:

First Floor Landing
Which in turn has a fire escape access.

Staff WC
With low level flush WC and wash hand basin.

Lounge
(4.7 m x 3.8 m)
Currently used as an office.

Private Kitchen
(3.8 m x 3 m)
With fitted wall and floor kitchen units.

Bedroom 1
(3.7 m x 2.6 m)

Shower Room
With low level flush WC, wash hand basin and fitted shower.

Stairs to Second Floor

With landing leading to:

Bedroom 2
(3.1 m x 5 m)

Bedroom 3
(3.9 m x 3.6 m)
With wash hand basin.

First and Second Floor areas are currently used for storage only.

OUTSIDE

Where there is a small storage area.

THE BUSINESS

Has been established for many decades as a busy bar and music venue.

The Victoria has an excellent reputation providing a full range of high quality live entertainment.

The bar opens from:
4 pm until 12 o'clock Monday to Tuesday
4 pm to 2 am on Wednesday
4 pm to 1 am on Thursday
4 pm to 2 am Friday, Saturday and Sunday

The Premises Licence allows the business to trade until 3 am.

Annual sales to the year ended 31st March 2025 amount to £653,180 net of VAT with a gross profit of £414,419.

Substantial net profits are achieved from a business that is exclusively wet and machine sales only.

Full detailed information on trading profits can be provided on signing a Non-Disclosure Agreement.

Further information on the business can be seen from the excellent website - thevicswindon.com

TENURE

The Victoria is available on the basis of a fully renewable commercial lease with the Stonegate Group.

The lease allows the business to trade free of tie in respect of Wines, Spirits and Minerals.

There is a tie to Stonegate for Beers, Lagers and Machines.

Current annual rent is in the sum of £53,054.

Rent is adjusted in accordance with RPI annually.

Rateable Value
Current rateable value (1 April 2023 to present) £40,000.

This is not what you will pay.

Brochures

The Victoria, 88 Victoria Road, Swindon, Wiltshire SN1 3BD

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Swindon Station1.0 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

We are a leading specialist advisor for buying, letting and selling businesses and commercial properties in our sectors - hotels, pubs, restaurants, retail and leisure.

If you are looking to buy or sell a business in our specialist sectors - you will find that our personalised service is focused on helping you achieve your ambitions.

We have been established for 17 years and we look forward to being of help in the future.

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